The Full-Time FBA Show - Amazon Reseller Strategies & Stories

Latest Episodes:

056 - Clearance Sourcing Tips to Help Increase Amazon FBA Profits Nov 02, 2020

Show notes

A great way to make money through reselling on Amazon is to source clearance items for your business. But how do you make the most of this strategy and what are the things to keep in mind as you go about it? Never fear, we have you covered! In this episode, we give you all the best tips for sourcing clearance items in both retail and online stores. We look at four tips for finding more items on clearance, things to be wary of when sourcing, maximizing your profits, and more!

There are a few tricks that can really move the needle when it comes to your profit margins, so making sure to investigate all possibilities is highly recommended. Sometimes a great opportunity can be just out of plain sight, and with the right questions and tools you can find a great deal and make a clever purchase. Join us today to hear all about doing this for your Amazon reselling business!

055 - Overcoming Your Fear of Amazon Account Suspension with Lesley Hensell - Fears Series Oct 26, 2020

Show notes

An Amazon account suspension is the number one thing that most Amazon sellers fear. Today Stephen interviews Lesley Hensell from Riverbend Consulting to help clear up some of the grey areas that could lead to account or ASIN suspensions. Lesley starts off the podcast interview by giving us some tips to help you manage risk when it comes to sourcing. From there, she covers the difference between suspected and actual intellectual property complaints. Next up, Lesley weighs in on the two types of dropshipping, only one of which is allowed by Amazon.

We talk about some red flags for product types which always seem to cause more trouble than they are worth. After that, Lesley shares her knowledge around how to check and see for yourself that your account is in good order. Toward the end of the show, Lesley gives us some amazing, step-by-step instructions to follow if we do find ourselves in a situation where our account has been suspended, and how long it could take to get it in good order again. Tune in today and put your account suspension fears to rest for good!

054 - Overcoming Your Fear of Hiring Help for your Amazon Business - Fears Series Oct 19, 2020

Show notes

Sometimes it can be scary to think about actually hiring help in your Amazon FBA business. Expanding your business by adding more people can be a daunting process, with a long list of things to worry about. In today's episode, we draw on our own practical experiences and share the best insider tips so you can overcome fear of hiring help for your Amazon business.

We dive into how you can hire the best individuals, from virtual assistants to someone who comes to your home, and then we take it one step further by showing exactly where you can find them. Hiring is just the beginning, though. If they're not vetted or experienced, we have the solutions for you. Hear about how the MAWL method is a surefire way to train staff, and listen as we dig into why it is so important to pay a living wage and not just a minimum wage. Last but not least, we realize that helpers can make mistakes, so we tell you how to avoid them, and more importantly, how to deal with them. For more tips to kick the fear, be sure to join us today!

053 - Overcoming Your Fear of Making Sourcing Mistakes - Fears Series Oct 12, 2020

Show notes

Sometimes the fear of making sourcing mistakes will actually lead you to making more sourcing mistakes. In today's show, Stephen and Rebecca create a slightly different format where we present a few different scenarios that have to do with sourcing and what to do when faced with them. It's a little game we like to call "Should You Resell It?"

We talk about whether to resell an item with decent sales rank, great ROI, but horrible reviews, and if you should resell an item with mediocre ROI and sales rank if it is the only thing you found on a sourcing mission. Our scenarios also cover whether to resell an item that is not within your usual sourcing comfort zones, and lastly, we dissect the question of reselling an item if it has a sales ranking far higher than what you are used to. Our answers might not be quite what you were expecting, but we have some solid pointers for you to help you feel more confident in your sourcing decision. Tune in today to learn how to improve your sourcing and also to find out some of the other great resources we can offer you on your journey.

052 - Overcoming Your Fear of Tanking Prices - Fears Series Oct 05, 2020

Show notes

No Amazon seller likes it when their items start tanking in price. When prices go down, so do potential profits. On today's episode of Full-Time FBA we dive into a 4-week Fear Series with the topic of how to tackle overcoming your fear of tanking prices. We go into how to avoid tanking prices and how to deal with situations when prices do in fact tank.

When you're out sourcing for inventory you might worry about going "too deep" on an inventory buy because you fear that the price might tank, leaving you with excess inventory that's not going to sell unless you lower your price too. Is the solution always to lower your price? Not at all. In this episode we'll show you how to make better sourcing decisions to help you find inventory that will hold its higher price. We'll also chat through some ways to respond if you see the price is starting to tank on your items and strategies to sell your item fast before the price tanks too low.

051 - Selling Oversized Items for Super-Sized Profits on Amazon Sep 28, 2020

Show notes

Selling oversized items on Amazon is often overlooked, but in today's episode we talk about the benefits, dispel some of the misconceptions, and provide some tips for selling oversized items for supersized profits. From saving on storage fees, knowing which oversized items are worth reselling, and finding the right packaging, to saving money on inbound shipping and branching out into a new category, this episode covers it all.

Spoiler alert from this episode: Don't be afraid of sourcing and selling oversized items! Try it, test it out, and learn from the process, but you'll never know how profitable it could be for you unless you try. Tune in today and we'll share with you the right steps for making supersized profits with oversized items.

050 - How to Prepare for Q4 for Maximum Sales and Profits Sep 21, 2020

Show notes

Q4 can easily be the most profitable 3 months of your Amazon selling year. In fact, some sellers say that their Q4 sales eclipse the sales from the first nine months combined. As Amazon sellers head into the final months of the year, we need to make sure we're fully prepared, because it is the run-up to the biggest holiday selling season when millions of people scramble to ensure they get gifts for their families and loved ones.

Today we'll be talking about how to prepare for the Q4 holiday selling season, in order to ensure maximum profits and sales on Amazon. From sourcing and sending in inventory, to competitive pricing, tweaking sourcing parameters, and keeping inventory going at the end of Q4, we cover it all in this episode, so make sure to tune in today.

049 - 5 Major Profit Leaks for Amazon FBA sellers Sep 14, 2020

Show notes

Today, we tackle five major profit leaks that affect many Amazon FBA sellers, also giving you solutions that will increase your revenue stream. It doesn't matter how big your Amazon boat is, if it's got a leak, then it's going to sink.

We'll break down all of the hidden and forgotten fees that are stealing your profits and show you how to lower these fees with just a few tweaks to your Amazon FBA business.

One of the biggest profit leaks is because of some pricing mistakes that are stopping you from making more profits on your inventory. We'll show you how you can quickly react to price drops before your competitors do, letting you gain some profit before prices become painfully low. You're working too hard to make less money than you could, so this entire episode is focused on safeguarding your profits.

048 - Halloween Profits for Amazon FBA Sellers Sep 07, 2020

Show notes

Are you wondering whether selling Halloween-related stuff is even worth it this year? Well, Stephen and Rebecca are here to tell you that not only is it worth it, but it can also be a profitable opportunity! In today's episode, Stephen and Rebecca talk about some spooky, exciting, and awesome things you can do to grow your Amazon FBA business in the days leading up to Halloween.

In today's episode, they discuss the three main categories that are the most profitable and help you navigate pricing both before and after Halloween sales. With Halloween being a holiday that rakes in over 8.8 billion dollars a year, make sure you're listening to find out ways you can get a slice of that pie!

047 - How an Automatic Repricer Literally Doubled My Amazon Sales Aug 31, 2020

Show notes

To remain competitive in the Amazon marketplace, it is imperative that you are constantly reassessing the pricing of your inventory. While some Amazon sellers choose to adjust their prices manually from time to time, Amazon sellers who are focused on achieving long-term success would rather rely on an automatic repricer to update their prices to remain competitive. The success of an automatic repricer depends solely on correctly setting up the right repricing rules.

In this episode, Stephen and Rebecca weigh the pros and cons of a free repricing option like Amazon's Automate Pricing tool, and Stephen shares why the tool he recommends is a paid tool called BQool. He also has some great tips and tricks for optimizing prices and has a free podcast perk for listeners, so make sure not to miss this episode!

Our TOPPODCAST Picks

Follow Us

Stay Connected

The Full-Time FBA Show – Amazon Reseller Strategies & Stories

Related Podcasts

Links

Stay Connected